_ I don’t know what is wrong with these people. I don’t know what these people see. I don’t know what these people read. (In reality, I do.)
I’m talking about anyone that deals with or writes about finance. One day, I read about markets advancing/gaining/choose your verb, caused by optimism about the Greek economy. The next day, I read about markets falling/slipping/tumbling/pick your noun. Why? Because of uncertainty about the Greek economy is a prominent topic.
After all this time, I am certain of a few things. First, all this turmoil/headline writing is driven by people trying to make money through trading. Brokers earn money each time something is bought or sold. If people can be convinced to trade an asset, some broker will make a buck. I do not recall much from my MBA program, but I do remember one sentence from a book on the stock market: “the biggest boat at the yacht club belong to stock brokers”. Of course, this is a euphemism and the book was written before politicians changed the rules in the 80s and 90s to unlevel the playing field and make it easier for greed to thrive.
After making a lot of money selling Greek bonds, the same people are now trying to make money from the chaos that they created. It’s a great racket, if you are on the inside or pulling the strings.
Prior to writing novels, the author enjoyed a multifaceted career: from decorated combat aviator to advertising professional to global communications director of a major consumer brand. He has traveled the world and met sports, film and television stars, political leaders, and royalty. He graduated from Middlebury College, is married, lives in Germany, and has two grown children.